Mutual Fund News

The trading in Gold ETF segment has been tepid in last three financial years. The funds witnessed an outflow of Rs 903 crore, Rs 1,475 crore and Rs 2,293 crore in 2015-16, 2014-15 and 2013-14, respectively.

According to data from Association of Mutual Funds in India (Amfi), equity funds, which also include equity-linked saving schemes (ELSS) saw net inflow of Rs 4,438 crore in April, Rs 4,721 crore in May and just Rs 320 crore in Jun...

S Krishna Kumar, CIO-Equity at Sundaram Mutual Fund, in an interview to CNBC-TV18 says the tactical shift in the portfolios of many asset manager has moved towards the rural India and income level has also shown an uptrend in rura...